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Updated about 9 years ago,
Raise Rent/Extend Lease ?!
Hello Everyone,
I will be closing this week on a 3 family in the Dorchester/Boston Area. The tenants are At Will and pay a few hundred dollars less than market rent. My plan is to reach market rent without the Tenants bailing out on me.In March I plan on increasing the rent by $ 60. Would you guys keep them TAW so you can raise rent or go up $100 and offer them a yr lease?